Which one is better option for investment. Plot or apartment on installment?
Plz advise
Plots
Its a Vague question… Please ask it a little more specific…
I want long term investment… Jese agar appartment le loon or baad me rent ata rahe uska to ziada behtar hai?? ya plot le ker daal doon uski value bharh jaye gi. Ziada safe konsa hai??
Monthly saving bhi ho jaye gi is tarha??
I think buying a plot on installments is a better option.
Plot Land is always in great demand. The value normally appreciates immediately due to zero depreciation on land.
But if one can purchase a flat at the same price levels then he gets rental returns along with appreciation until some point. Since buildings naturally depreciates after certain period of appreciation, buyer has to exit the property at the right time.
Whereas, Land you can exit at your own convenient time but will not fetch any regular returns.
So if you are looking for some rental return then i would suggest u to go for an apartment/office space/shop whatever you feel comfortable.
One important factor to consider :
Instead of keeping your money in bank saving account/certificates/whatever that leads to Riba (Sood),
its better to generate rental return that is always safe without the fear of falling in Haram (Riba/sood).
Cheers,
Plot is better option mam.but never go for developed plot go in instalment plan in any society that all gv u very good return in few years.